A 73-year-old businessman could face 20 years in jail after pleading guilty to embezzling over $4 million from his industrial firm to build a boutique winery and horse ranch. German national Gerhard Bauer admitted to stealing more than $4 million from his employer, thought to be industrial firm Frenzelit, via a mail fraud scheme. Bauer, who is listed as the president of the firm's US subsidiary based in , used expensive corporate checks to pay for his own personal expenses between 2010 and 2017.
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